Czech Republic Interest Rate

Last Release

Feb 06, 2025

Actual

3.75

Units In

Frequency

Daily

Next Release

Mar 26, 2025

Time to Release

1 Months 15 Days 12 Hours

Highest	Lowest	Average	Date Range	Source
39 Jun 1997	0.05 Nov 2012	4.66 %	1995-2025	Czech National Bank

In Czech Republic benchmark interest rate is set by the Czech National Bank (Ceská Národní Bank CNB). The official interest rate is the two-week repo rate, a rate at which commercial banks are allowed to place excess funds at the end of the day with the Central Bank.

Latest Updates

The Czech National Bank reduced its key interest rate by 25bps to 3.75% in February 2025, as anticipated, resuming its rate-cutting cycle after a three meeting pause. The central bank balanced lingering inflation pressures, especially for services, and a strong labor market against a weak economic recovery. Headline inflation remained near 3% in January, above the 2% target range for the year.